ProShares Ultra 20+ Year Treasury (NYSEARCA:UBT) Short Interest Update

ProShares Ultra 20+ Year Treasury (NYSEARCA:UBT) was the target of a large decrease in short interest during the month of April. As of April 30th, there was short interest totaling 33,504 shares, a decrease of 34.1% from the April 15th total of 50,864 shares. Approximately 0.8% of the company’s stock are short sold. Based on an average daily trading volume, of 49,600 shares, the days-to-cover ratio is presently 0.7 days.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the business. PMV Capital Advisers LLC grew its stake in ProShares Ultra 20+ Year Treasury by 30.8% in the 1st quarter. PMV Capital Advisers LLC now owns 62,370 shares of the company’s stock valued at $1,017,000 after purchasing an additional 14,692 shares during the period. Jane Street Group LLC grew its stake in ProShares Ultra 20+ Year Treasury by 34.9% in the 4th quarter. Jane Street Group LLC now owns 114,182 shares of the company’s stock valued at $1,890,000 after purchasing an additional 29,529 shares during the period. Capital Investment Counsel Inc bought a new position in ProShares Ultra 20+ Year Treasury in the 4th quarter valued at $149,000. Innova Wealth Partners grew its stake in ProShares Ultra 20+ Year Treasury by 11.2% in the 4th quarter. Innova Wealth Partners now owns 16,038 shares of the company’s stock valued at $265,000 after purchasing an additional 1,615 shares during the period. Finally, Envestnet Asset Management Inc. grew its stake in ProShares Ultra 20+ Year Treasury by 363.8% in the 3rd quarter. Envestnet Asset Management Inc. now owns 115,254 shares of the company’s stock valued at $1,990,000 after purchasing an additional 90,405 shares during the period.

ProShares Ultra 20+ Year Treasury Price Performance

NYSEARCA UBT opened at $15.38 on Monday. The business has a fifty day simple moving average of $16.38 and a 200 day simple moving average of $16.88. ProShares Ultra 20+ Year Treasury has a 12 month low of $15.25 and a 12 month high of $18.48.

ProShares Ultra 20+ Year Treasury Company Profile

ProShares Ultra 20+ Year Treasury (the Fund) seeks daily investment results, before fees and expenses and interest income earned on cash and financial instruments, that correspond to twice (200%) the daily performance of the Barclays Capital 20+ Year U.S. Treasury Index. The Fund invests in United States Treasury securities and derivatives that have similar daily performance characteristics as twice (200%) the daily return of the Index. The Index includes all publicly issued, United States Treasury securities.